CONGRESSWOMAN ELISE STEFANIK
On Tuesday, July 26, 2011, the House is scheduled consider H.R. 2056 under a suspension of the rules, requiring a two-thirds majority vote for passage. The resolution was introduced by Rep. Lynn Westmoreland (R-GA) on May 31, 2011, and referred to the Committee on Financial Services. The Committee held a mark-up on the bill on July 20, 2011 and reported the bill, as amended, by voice vote.
H.R. 2056 would require the Inspector General of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions. Specifically, H.R. 2056 would require the study to detail:
The bill would require the FDIC make available from the portion of the FDIC budget allocated to management expenses, sums allowing the FDIC Inspector General to complete this study.
At press time, the Congressional Budget Office has not produced a score for H.R. 2560.